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Wakeman, Ohio

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
1,101
Population
$72,396
Median Income
$196,300
Home Value
32.6
Median Age

Demographics

Wakeman has a population of 1,101 with a median age of 32.6. Here is the racial and ethnic breakdown of the population:

White
92.6%
Hispanic
5.7%
Other
0.9%
Asian
0.8%
Demographic Value
Total Population1,101
Median Age32.6
White92.6%
Asian0.8%
Hispanic or Latino5.7%
Other / Two or More Races0.9%
Wakeman, Ohio — racial composition (Census ACS 2024)Donut chart of 3 segments totaling 100.White: 92.6%Hispanic/Latino: 5.7%Other: 1.7%1,101PopulationWhiteWhite92.6%Hispanic/LatinoHispanic/Latino5.7%OtherOther1.7%

Income & Economy

The median household income in Wakeman is $72,396, which is 10.2% below the national median of $80,610. The per capita income is $32,492. The poverty rate is 7.9%.

$72,396
Median Household Income
$32,492
Per Capita Income
7.9%
Poverty Rate

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Education

In Wakeman, 92.8% of residents age 25+ have a high school diploma or higher, and 15.9% hold a bachelor's degree or higher (2.7% with a graduate or professional degree).

HS Diploma+
92.8%
Bachelor's+
15.9%
Graduate+
2.7%
Education Level % of Adults (25+)
High School Diploma or Higher92.8%
Bachelor's Degree or Higher15.9%
Graduate or Professional Degree2.7%

Housing

The median home value in Wakeman is $196,300, below the national median of $303,400. The median monthly rent is $816. The homeownership rate is 77.3%.

$196,300
Median Home Value
$816/mo
Median Rent
77.3%
Homeownership Rate
Housing Metric Value
Median Home Value$196,300
Median Monthly Rent$816
Homeownership Rate77.3%
Vacancy Rate7.8%

Salaries in Ohio

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Frequently Asked Questions

What is the population of Wakeman, Ohio?
The population of Wakeman, Ohio is 1,101 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Wakeman, Ohio?
The median household income in Wakeman, Ohio is $72,396. This is 10.2% below the national median of $80,610.
What is the median home value in Wakeman, Ohio?
The median home value in Wakeman, Ohio is $196,300. The median monthly rent is $816.
What percentage of people in Wakeman have a college degree?
In Wakeman, Ohio, 15.9% of adults age 25 and older hold a bachelor's degree or higher, and 92.8% have a high school diploma or higher.
Is Wakeman, Ohio an affordable place to live?
The home price-to-income ratio in Wakeman, Ohio is 2.7x (median home value $196,300 vs. median income $72,396), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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